The Peter Lynch Approach: Investing in "Understandable" Stocks
During his tenure at Fidelity, Mr. Lynch honed his bottom-up approach to stock selection, focusing on fundamental analysis that emphasizes a thorough understanding of the company, its prospects, its competitive environment, and whether the stock can be purchased at a reasonable price.
Mr. Lynch outlined his strategy in his books “One Up on Wall Street” and “Beating the Street,” in which he described how his own approach could be used by individual investors.
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